(A Survey Carried out of Faridabad and nearby Areas)
TWO WHEELER INDUSTRIES PROJECT REPORT
In two wheeler markets India has the world second largest Market (after China). In India every month sold nearly 3-lakh motor cycle. The two- wheeler industry is among the few that have Managed to face the industrial slow down. The industry's impressive growth of over till 2014-15.
After year of cursing along at fairly relaxed pace, two-wheeler industry has finally stepped on the accelerator & swayed its way timely in to the first lane. All the major players in the market including BAJAJ AUTO, HERO HONDA, TVS ,SUZUKI, ESCORT YAMAHA, KINETIC & LML, work over time to grab slice of two-wheeler pie as possible, the market is suddenly roaring for action. Most of them like BAJAJ AUTO, HERO HONDA, TVS, LML, KINETIC, YAMAHA are adding of their existing range by launching new state of art product to meet competition head on.
On this problem a little work is done till now. Researcher could consult only limited literature, Which is available in library i.e. Indian journal of marketing, Business world & Business today, Business India. In spite of these above mentioned journal & magazines, various website of Company's are also consulted.
Scope of the Study :
The study on changing perception of customer would help us:-
1. To know the change in demand pattern of the customer
2. It would help us understanding the changes in the requirements & preferences.
3. Study of perception act as a ladder to develop new product.
Research methodology is a way to systematically solve the research problem. It may be understood as a science of study how research is done scientifically. In it we study the various steps that are generally adopted by the researcher in studying his research problem along with the logic behind them.
The proposed study is of EXPLORATORY NATURE.
• Primary Data :
Primary data i.e. collected for the first time. It is fresh and originally collected by the surveyor. I will used only primary data in calculating the study and collect the data.
• Sampling Design :
All people residing in Bhiwani in universe. People existing & Potential customer are our population.
• Sample Size :
A sample of 100 respondents from the different locations from Bhiwani City.
Tools and analysis
Study of Consumer Behaviour Regarding Two Wheeler (Automobiles Industry)
Q.1. How many brand of two-wheeler do you know?
Q. 2. Which type of two wheeler you prefer most?
(a) Motor Bike (b) Scooter (c) Moped / Scooties
Q.3. Which attributes do you like most in your two-wheeler ? Rates the various factors you consider most ? (1-6 ,1 is most important )
(1.) Luggage space (2.) Fuel Efficiency (3.) Pick up (4.) Resale value (5.) Driving comfort (6.) Out look
Q.4. What is your source of finance?
(a) Bank Loan (b) Finance Company (c) Self financing (d) Any Other
Q.5. What are the external factors that influence you about purchasing bike ?
(a) Print media (b) Electronic media (c) Exhibition (d) Trade shows (e) Brand image
Q.6 Which brand right now you are having ?
(a) Hero Honda (b) Bajaj Auto (c) TVS (d) Suzuki (e) Yamaha (f) LML
Q.7. Should company go for innovation in context to development of new bike ?
(a) Yes (b) No
Q.8. While going for the development of new bike which point the company should keep in mind
(a) Acceptability of customer (b) Scale of economic (c) Comfort (d) Design (e) Others
Q .9. According to you which company`s model you like most and why-
(a) Bajaj Caliber (b) TVS Victor (c) Honda Activa (d) Yahama Libero (e) Hero Honda Ambition
Q.10. Please give suggestions to improve your present brand.
Magazines and News papers